$BNB - Elliptic tracks 42M XRP from Binance exploit moving through cross-chain swaps
42 million XRP (~50M USDT) swapped predominantly into BTC using THORChain
Elliptic confirms conversion flow from the 2022 Binance bridge exploit
Total bitcoin from this theft now higher after latest routing
Cross-chain bridges remain primary exit rails for large-scale exploits - tracing gets harder once assets hit THORChain
$BTC $RUNE
#Bitcoin #BTC
42 million XRP (~50M USDT) swapped predominantly into BTC using THORChain
Elliptic confirms conversion flow from the 2022 Binance bridge exploit
Total bitcoin from this theft now higher after latest routing
Cross-chain bridges remain primary exit rails for large-scale exploits - tracing gets harder once assets hit THORChain
$BTC $RUNE
#Bitcoin #BTC